SERVPRO Named One of the Best of the Best Franchises
8/1/2023 (Permalink)
SERVPRO was recognized as one of the Best of the Best Franchises in 2023 by Entrepreneur. The ranking, which is featured in the July/ August issue of Entrepreneur magazine, highlights the brands from Entrepreneur’s 2023 Franchise 500 ranking that ranked at the top of their industry categories. SERVPRO was ranked No. 1 in the fire, water, cleanup, and restoration category for the 20th time.
Entrepreneur’s Best of the Best Franchises ranking is based on information submitted for its annual Franchise 500 and is part of the brand’s continuing effort to best understand and evaluate the ever-changing franchise marketplace. The franchises selected as 2023’s Best of the Best are ranked not only in the increasingly competitive Franchise 500 list this year but also at the top of their respective industry categories, based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. There are 152 categories represented this year, a testament to the ever-growing diversity of industries represented in the franchise world.
"Everyone wants to join a winning team, and that's why we love making this annual Best of the Best Franchises list," says Jason Feifer, editor-in-chief of Entrepreneur magazine. "The companies on this list exemplify what it takes to thrive in franchising: They are innovative and nimble, but also stable and growing. They are truly the best of the best."